BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When There’s No Data
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When There’s No Precedent
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When There’s Big Data
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When the Decision Maker Has Considerable Experience
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When the Variables Can’t Be Measured
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Detailed explanation-1: -When is Analytics not practical? Some decisions are difficult to make analytically because the key variables in the analysis are hard to measure with rigor. If something has never been done before, it’s hard to get data about it.
Detailed explanation-2: -Analytics is a valuable investment for any company, and you don’t even need your own data to take advantage of it! To find out more about all the possibilities of analytics for your company, contact us today.
Detailed explanation-3: -Correct Option is Quantitative Analytics E…
Detailed explanation-4: -Descriptive analytics is not used to draw inferences or make predictions about the future from its findings; rather it is concerned with representing what has happened in the past.